Berliner Boersenzeitung - 'Extreme' climate blamed for world's worst wine harvest in 62 years

EUR -
AED 4.297278
AFN 74.292236
ALL 95.716382
AMD 433.389865
ANG 2.094044
AOA 1073.998061
ARS 1629.423594
AUD 1.62737
AWG 2.105879
AZN 1.99192
BAM 1.958189
BBD 2.357236
BDT 143.602767
BGN 1.951567
BHD 0.442118
BIF 3481.134249
BMD 1.169933
BND 1.494517
BOB 8.086833
BRL 5.769526
BSD 1.170408
BTN 111.457522
BWP 15.905339
BYN 3.313286
BYR 22930.677624
BZD 2.353832
CAD 1.593372
CDF 2708.393681
CHF 0.915671
CLF 0.026913
CLP 1059.209921
CNY 7.991048
CNH 7.988188
COP 4347.78517
CRC 532.440573
CUC 1.169933
CUP 31.003212
CVE 110.704868
CZK 24.388881
DJF 207.92036
DKK 7.47254
DOP 69.720855
DZD 154.93529
EGP 62.729868
ERN 17.548988
ETB 184.029563
FJD 2.567943
FKP 0.864414
GBP 0.863322
GEL 3.141309
GGP 0.864414
GHS 13.115101
GIP 0.864414
GMD 85.40504
GNF 10266.158158
GTQ 8.933748
GYD 244.857725
HKD 9.168352
HNL 31.110961
HRK 7.534715
HTG 153.174282
HUF 361.607371
IDR 20348.92901
ILS 3.439136
IMP 0.864414
INR 111.226541
IQD 1533.144508
IRR 1539631.212056
ISK 143.201928
JEP 0.864414
JMD 184.173151
JOD 0.829464
JPY 184.682625
KES 151.096115
KGS 102.276087
KHR 4694.391883
KMF 492.016789
KPW 1052.943015
KRW 1716.419906
KWD 0.360386
KYD 0.975286
KZT 543.841262
LAK 25709.267542
LBP 104767.458106
LKR 374.520581
LRD 214.740973
LSL 19.586364
LTL 3.454506
LVL 0.70768
LYD 7.424996
MAD 10.817099
MDL 20.200562
MGA 4874.92747
MKD 61.625915
MMK 2456.515107
MNT 4186.728804
MOP 9.447087
MRU 46.732223
MUR 54.928184
MVR 18.08129
MWK 2029.467649
MXN 20.321027
MYR 4.635855
MZN 74.770466
NAD 19.586699
NGN 1600.583006
NIO 43.071819
NOK 10.823022
NPR 178.332598
NZD 1.985475
OMR 0.44984
PAB 1.170423
PEN 4.103136
PGK 5.08921
PHP 71.856096
PKR 326.149487
PLN 4.247967
PYG 7091.62277
QAR 4.277801
RON 5.237322
RSD 117.389838
RUB 88.331824
RWF 1711.280762
SAR 4.390082
SBD 9.389724
SCR 16.35231
SDG 702.546521
SEK 10.83447
SGD 1.492016
SHP 0.873473
SLE 28.838674
SLL 24532.895741
SOS 668.913338
SRD 43.84558
STD 24215.241325
STN 24.529511
SVC 10.24032
SYP 129.313491
SZL 19.582895
THB 38.089479
TJS 10.943006
TMT 4.100614
TND 3.412163
TOP 2.816917
TRY 52.902483
TTD 7.933545
TWD 36.934186
TZS 3044.752832
UAH 51.434039
UGX 4418.315623
USD 1.169933
UYU 47.127504
UZS 14084.94543
VES 572.030029
VND 30796.134036
VUV 138.665702
WST 3.177456
XAF 656.755555
XAG 0.015995
XAU 0.000256
XCD 3.161801
XCG 2.109265
XDR 0.816185
XOF 656.755555
XPF 119.331742
YER 279.17512
ZAR 19.494294
ZMK 10530.825202
ZMW 22.09086
ZWL 376.717798
  • RYCEF

    -0.0200

    16.33

    -0.12%

  • RBGPF

    1.6000

    64.7

    +2.47%

  • RIO

    1.8700

    100.5

    +1.86%

  • BTI

    1.0500

    59.4

    +1.77%

  • GSK

    -0.5200

    50.38

    -1.03%

  • VOD

    -0.3100

    15.74

    -1.97%

  • AZN

    -2.2200

    181.24

    -1.22%

  • NGG

    0.1400

    87.64

    +0.16%

  • CMSC

    0.0099

    22.88

    +0.04%

  • JRI

    0.1100

    13.04

    +0.84%

  • CMSD

    0.0400

    23.29

    +0.17%

  • BCC

    -2.2000

    72.13

    -3.05%

  • BP

    -0.4400

    46.5

    -0.95%

  • RELX

    -0.2000

    36.16

    -0.55%

  • BCE

    0.1700

    24.1

    +0.71%

'Extreme' climate blamed for world's worst wine harvest in 62 years
'Extreme' climate blamed for world's worst wine harvest in 62 years / Photo: JUSTIN SULLIVAN - GETTY IMAGES NORTH AMERICA/AFP

'Extreme' climate blamed for world's worst wine harvest in 62 years

World wine production dropped 10 percent last year, the biggest fall in more than six decades, because of "extreme" climate changes, the body that monitors the trade said Thursday.

Text size:

"Extreme environmental conditions" including droughts, fires and other problems with climate were mostly to blame for the drastic fall, said the International Organisation of Vine and Wine (OIV) that covers nearly 50 wine producing countries.

Australia and Italy suffered the worst, with 26 and 23 percent drops. Spain lost more than a fifth of its production. Harvests in Chile and South Africa were down by more than 10 percent.

The OIV said the global grape harvest was the worst since 1961, and worse even than its early estimates in November.

In further bad news for winemakers, customers drank three per cent less wine in 2023, the French-based intergovernmental body said.

Director John Barker highlighted "drought, extreme heat and fires, as well as heavy rain causing flooding and fungal diseases across major northern and southern hemisphere wine producing regions."

Although he said climate problems were not solely to blame for the drastic fall, "the most important challenge that the sector faces is climate change.

"We know that the grapevine, as a long-lived plant cultivated in often vulnerable areas, is strongly affected by climate change," he added.

France bucked the falling harvest trend, with a four percent rise, making it by far the world's biggest wine producer.

- Less wine being drunk -

Wine consumption last year was however at its lowest level since 1996, confirming a fall-off over the last five years, according to the figures.

The trend is partly due to price rises caused by inflation and a sharp fall in wine drinking in China -- down a quarter -- due to its economic slowdown.

The Portuguese, French and Italians remain the world's biggest wine drinkers per capita.

Barker said the underlying decrease in consumption is being "driven by demographic and lifestyle changes. But given the very complicated influences on global demand at the moment," it is difficult to know whether the fall will continue.

"What is clear is that inflation is the dominant factor affecting demand in 2023," he said.

Land given over to growing grapes to eat or for wine fell for the third consecutive year to 7.2 million hectares (17.7 million acres).

But India became one of the global top 10 grape producers for the first time with a three percent rise in the size of its vineyards.

France, however, has been pruning its vineyards back slightly, with its government paying winemakers to pull up vines or to distil their grapes.

The collapse of the Italian harvest to its lowest level since 1950 does not necessarily mean there will be a similar contraction there, said Barker.

Between floods and hailstones, and damp weather causing mildew in the centre and south of the country, the fall was "clearly linked to meteorological conditions", he said.

(S.G.Stein--BBZ)